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Pick the equipment and enter the price to see an estimated monthly payment right away. It uses standard loan math at illustrative example rates from 8% to 20%, so you do not need a quote or an interest rate to get a first number.
From our financing partner
Who our financing partner works with
- 71% approval rate.
- Credit from the mid-500s to 800+ FICO.
- Startups are considered, but 93% of funded deals are businesses 2+ years old.
- Deal size is typically $10K to $1M+. The largest deal was $2.5M.
Partner figures; approval not guaranteed.
How the estimate works
The estimator assumes the full price is financed and calculates a level monthly payment at four example annual rates: 8%, 12%, 16% and 20%. The range you see runs from the lowest to the highest of those. The math is the same standard amortization used in our equipment loan calculator, which lets you enter your own rate, term and down payment.
What a lender looks at
Many lenders start with the equipment itself, time in business, monthly revenue, credit history and what the money is for. Your real rate and term come from that review, not from this page. Our free lender-readiness checklist lists what to have ready.
What happens next
If you request financing options, your machine, price and time in business carry into a short inquiry. LoanHelp shares it with our trusted financing partner, who responds within 1 business day. You can compare options and decide, with no obligation to accept any offer.
Common questions
- Where do the example rates come from?
- They are round numbers from 8% to 20% chosen only to show a range. They are not rates any lender has offered you or will offer you. Real rates depend on the lender, the equipment, the term and your business.
- Why does the estimator not ask about my credit?
- It does not need to. The estimate is standard loan math on the price you enter, so a credit question would not change the number. If you send an inquiry, our trusted financing partner may request authorization for a credit inquiry later.
- What credit does our financing partner consider?
- Our financing partner considers credit from the mid-500s to 800+ FICO. That figure is from our financing partner. Partner figures; approval not guaranteed.
- Does time in business change the estimate?
- No. It is optional and only fills in your inquiry if you continue, so you do not have to enter it twice.
- Is this a quote or an approval?
- No. It is an illustrative estimate. Fees, taxes, insurance, down payment and interim interest are not included, and nothing here is an offer or a commitment to lend.
- What if I already have a quote?
- Use the equipment loan calculator and enter the rate and term from your quote. It shows the monthly payment, total interest and a year-by-year schedule.
- What happens if I request financing options?
- Your machine, price and time in business carry into a short inquiry form. LoanHelp shares your inquiry with our trusted financing partner, who responds within 1 business day by phone, text or email. There is no obligation to accept any offer.